News from Vietnam
Second round of negotiations on FLEGT VPA between Vietnam and EU
The second formal negotiation by a Technical Working Group took place in Hanoi on 24 – 25 November.
The meeting focused on the draft timber legality definition, the range of products to be included in the VPA, the issue of timber imports and the next steps of the negotiation in 2012. In terms of export value, Vietnam sends 30% of its timber products to the European Union. In 2011, Vietnam is expected to earn about $3.8 billion from the export of timber products as reported by Tuoitrenews.